Obama and Romney Trade Shots, a Few Possibly Accurate, on Outsourcing
With the November elections nearing, the debates been Presidential candidates Mitt Romney and President Barrack Obama are only going to get more and more heated. Indeed, this week has been full of jabs from both sides attacking their opponent’s historical stances on domestic jobs and outsourcing. The New York Times expands, “As President Obama and Mitt Romney rush to define the other, each man is alleging one of the great economic sins: that his rival accelerated the exodus of American jobs to foreign countries.Mr. Obama accuses Mr. Romney of being at the helm of a firm that invested in companies that outsourced their jobs. Mr. Romney, in remarks on Tuesday, called Mr. Obama the real “outsourcer in chief” for sending billions of dollars in stimulus funds to foreign-based firms and companies that “end up making their products outside the United States.”
The particulars have been denied or defended by both sides, and in many cases picked over by independent fact-checkers. In response, the two candidates and their allies have all but stuck their fingers in their ears while continuing with their outsourcing attacks...."
Source - NYT